PTT Global Chemical

PTT Global Chemical Public Co. is engaged in the production and distribution of ethylene, propylene polyethylene and biochemical products. Co. is also engaged in the production and distribution of electricity, water, steam and other utilities and the operation of production support facilities such as jetty and buffer tank farm services for liquid chemical, oil and gas. As Dec 31 2015, Co. operated within the following segments: refinery and shared facilities; aromatics; olefins and derivatives; EO- based performance; green chemicals; high volume specialties; and services and others.
  • TickerPTTGC
  • ISINTH1074010006
  • ExchangeStock Exchange of Thailand
  • SectorChemicals
  • CountryThailand
UOB
Carol Dou Xiao Qin ...
  • Chaiwat Arsirawichai
  • Chong Lee Len
  • Greater China Research Team
  • Ivy Xu Da
  • Jie Ying Chloe Tan
  • John Cheong Ming Chern
  • Jonathan Koh
  • Joohijit Kaur Jaztar Singh
  • Michael Cheung Ho Bun
  • Robin Yuen
  • Stevanus Juanda
  • Tanaporn Visaruthaphong
  • Zhifeng Shen

Regional Morning Notes - Monday, May 11, 2020

GREATER CHINA Sector Baijiu: Key takeaways from conference call with baijiu expert. Consumer: Bi-weekly (18 April-8 May). Infrastructure: Infrastructure REITs Pilot Scheme: Baby steps. Results China Shineway Pharmaceutical (2877 HK/BUY/HK$5.60/Target: HK$7.33): 1Q20: Sales impacted by COVID-19; higher April sales. INDONESIA Update Gudang Garam (GGRM IJ/BUY/Rp44,050/Target: Rp63,600): 44% upside despite application of -2SD PE. SINGAPORE Sector Banking: 1Q20 Round-up: First stage of credit cycle is always the hardest. Results NetLink NBN Trust (NETLINK SP/BUY/S$0.99/Target: S$1.08): 4QFY20: Re...

UOB
Chaiwat Arsirawichai ...
  • Tanaporn Visaruthaphong

PTT Global Chemical (PTTGC TB) - 1Q20: Results Miss Due To Higher-than-expected Inventory Loss

Results PTT Global Chemical (PTTGC TB/HOLD/Bt37.75/Target: Bt39.00) 1Q20: Results miss due to higher-than-expected inventory loss.

UOB
Chaiwat Arsirawichai ...
  • Tanaporn Visaruthaphong

PTT Global Chemical (PTTGC TB) - Share Price Drop Mostly Priced In; Prefer SCC As One Of The Sector Top Picks

Update PTT Global Chemical (PTTGC TB/HOLD/Bt27.75/Target: Bt30.00) Share price drop mostly priced in. Prefer SCC as one of our sector top picks.

UOB
Arandi Ariantara ...
  • Chaiwat Arsirawichai
  • Eric Wang Zhen
  • Jayson Kong
  • K Ajith
  • Ken Lee
  • Lee Yuk Kei
  • Malaysia Research Team
  • Philip Wong
  • Tanaporn Visaruthaphong
  • Thunya Sutavepramochanon
  • Vanness Wong Wan
  • Vincent Khoo Boo Aik

Regional Morning Notes - Monday, March 23, 2020

GREATER CHINA Sector Banking: Stress test shows little possibility of a systemic collapse. Results Stella International Holdings (1836 HK/BUY/HK$8.58/Target: HK$11.20): 2019: Robust earnings growth on margin recovery; gloomy outlook for 2020. Zhongsheng Group Holdings (881 HK/HOLD/HK$24.60/Target: HK$27.00): 2019: Results beat our and consensus estimates with net profit up 24% yoy. Maintain HOLD. Target price: HK$27.00. Entry price: HK$22.00. INDONESIA Update AKR Corporindo (AKRA IJ/BUY/Rp1,600/Target: Rp3,900): 2019: Core net profit up 18.1% yoy on margin expansion. Maintain BUY and target p...

UOB
Chaiwat Arsirawichai ...
  • Tanaporn Visaruthaphong

PTT Global Chemical (PTTGC TB) - Outlook Remains Challenging; COVID-19 Outbreak Could Lead To Improved GRM

PTT Global Chemical (PTTGC TB/HOLD/Bt44.50/Target: Bt48.00) Outlook remains challenging; COVID-19 outbreak could lead to improved GRM.

1 director bought

A director at Ptt Global Chemical Plc bought 40,000 shares at 51.750THB and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The nam...

UOB
Carol Dou Xiao Qin ...
  • Chaiwat Arsirawichai
  • Chong Lee Len
  • Greater China Research Team
  • Ivy Xu Da
  • Jie Ying Chloe Tan
  • John Cheong Ming Chern
  • Jonathan Koh
  • Joohijit Kaur Jaztar Singh
  • Michael Cheung Ho Bun
  • Robin Yuen
  • Stevanus Juanda
  • Tanaporn Visaruthaphong
  • Zhifeng Shen

Regional Morning Notes - Monday, May 11, 2020

GREATER CHINA Sector Baijiu: Key takeaways from conference call with baijiu expert. Consumer: Bi-weekly (18 April-8 May). Infrastructure: Infrastructure REITs Pilot Scheme: Baby steps. Results China Shineway Pharmaceutical (2877 HK/BUY/HK$5.60/Target: HK$7.33): 1Q20: Sales impacted by COVID-19; higher April sales. INDONESIA Update Gudang Garam (GGRM IJ/BUY/Rp44,050/Target: Rp63,600): 44% upside despite application of -2SD PE. SINGAPORE Sector Banking: 1Q20 Round-up: First stage of credit cycle is always the hardest. Results NetLink NBN Trust (NETLINK SP/BUY/S$0.99/Target: S$1.08): 4QFY20: Re...

UOB
Chaiwat Arsirawichai ...
  • Tanaporn Visaruthaphong

PTT Global Chemical (PTTGC TB) - 1Q20: Results Miss Due To Higher-than-expected Inventory Loss

Results PTT Global Chemical (PTTGC TB/HOLD/Bt37.75/Target: Bt39.00) 1Q20: Results miss due to higher-than-expected inventory loss.

UOB
Chaiwat Arsirawichai ...
  • Tanaporn Visaruthaphong

PTT Global Chemical (PTTGC TB) - Share Price Drop Mostly Priced In; Prefer SCC As One Of The Sector Top Picks

Update PTT Global Chemical (PTTGC TB/HOLD/Bt27.75/Target: Bt30.00) Share price drop mostly priced in. Prefer SCC as one of our sector top picks.

UOB
Arandi Ariantara ...
  • Chaiwat Arsirawichai
  • Eric Wang Zhen
  • Jayson Kong
  • K Ajith
  • Ken Lee
  • Lee Yuk Kei
  • Malaysia Research Team
  • Philip Wong
  • Tanaporn Visaruthaphong
  • Thunya Sutavepramochanon
  • Vanness Wong Wan
  • Vincent Khoo Boo Aik

Regional Morning Notes - Monday, March 23, 2020

GREATER CHINA Sector Banking: Stress test shows little possibility of a systemic collapse. Results Stella International Holdings (1836 HK/BUY/HK$8.58/Target: HK$11.20): 2019: Robust earnings growth on margin recovery; gloomy outlook for 2020. Zhongsheng Group Holdings (881 HK/HOLD/HK$24.60/Target: HK$27.00): 2019: Results beat our and consensus estimates with net profit up 24% yoy. Maintain HOLD. Target price: HK$27.00. Entry price: HK$22.00. INDONESIA Update AKR Corporindo (AKRA IJ/BUY/Rp1,600/Target: Rp3,900): 2019: Core net profit up 18.1% yoy on margin expansion. Maintain BUY and target p...

UOB
Chaiwat Arsirawichai ...
  • Tanaporn Visaruthaphong

PTT Global Chemical (PTTGC TB) - Outlook Remains Challenging; COVID-19 Outbreak Could Lead To Improved GRM

PTT Global Chemical (PTTGC TB/HOLD/Bt44.50/Target: Bt48.00) Outlook remains challenging; COVID-19 outbreak could lead to improved GRM.

PTTGC's Petrochemical Expansion Will Increase Leverage, Reduce Cash

    ISSUER COMMENT  CORPORATES   AUGUST 21, 2017    What is Moody’s Credit Outlook?   Published every Monday and Thursday  morning, Moody's  Credit Outlook  informs  our research clients of the credit  implications of current events.   PTTGC’s

PTT Global Chemical Public Company Limited: PTTGC's petrochemical expansion plan will increase leverage, reduce cash

CORPORATES ISSUER COMMENT 17 August 2017 Contacts Rachel Chua 65-6398-8313 AVP-Analyst [email protected] Diana Beketova 65-6398-3724 Associate Analyst [email protected] Laura Acres 65-6398-8335 MD-Corporate Finance [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100 EMEA

PTT GLOBAL CHEMICAL PCL. sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of PTT GLOBAL CHEMICAL PCL. (TH), active in the Commodity Chemicals industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 10, 2020, the closing price was THB 59.25 and its target price was estimated at THB 47.69.

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Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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